Trait of Successful Entrepreneur

All of us who aspire to be an entrepreneur and most of all want to be successful in being one, wonder what is the “IT” factor in a successful entrepreneur that makes them stand out from the others? Let us see the qualities that make them successful in whatever they do.
· Intention.
Intention is the foundation of success in every aspect of life, leave alone entrepreneurship. Intention is not only knowing what you are doing but also the fact that 'WHY' are you doing a thing. It is the reason behind or the purpose for which one starts a business gives you a vision to move ahead.
· Visionary
Vision is the light that we require to look beyond what others can see. Like Mr. Gates had a vision of making computers- Personal computers.
· Conviction
Conviction is not just being confidant. It is the confidence that comes along with passion of knowing that your efforts are in right direction. This leads to consistency in your efforts. Like Mr. Murti had the conviction to lead Infosys from a small partnership firm to world Class Company.
· Knowledge
Knowledge gives you an upper hand over your competitors. To fall in love with your work you have to know what you are doing at the first place. Knowledge is not just knowing about your business, it also covers the facts about yourself, your positive and negative aspects in terms of business. Knowledge will inspire you to do R&D which is a must in today’s competitive market. Bajaj has taken major share of motorcycle market with introduction of DTSI.
· Innovative
Innovation is not just R&D it is the zeal to do something new in the market rather create a niche for yourself in the market. We can also say that innovation is doing same thing what others do with a difference. Like Mr. Bhatia with his innovative idea of Hotmail, brought India and its IT professionals on the international charts.
· Hard working
As they say hard work always pays. Rather only smart hard work pays. One should work hard in the right direction or else, hard work will lead you to place which you never even dreamt off.
· Risk taking ability
Risk taking ability comes with the seriousness of your intention and conviction that you have in your vision and your knowledge of your business that you have. This is a thing that is best if you have it as a god gift, it is difficult to develop.
· Luck
Luck is an important factor in all aspects of life, be it as personal as your married life or as public as business. There are soo many aspiring people who have right knowledge and all the right quality but they lack luck, so they always keep struggling.